04:49 AM EDT, 09/20/2024 (MT Newswires) -- Faraday Future Intelligent Electric ( FFIE ) said Friday it is planning to launch its second brand, Faraday X or FX, a series of affordable electric vehicles.

The company said the FX brand will use core technologies used in the FF 91.

Faraday is planning an initial two products under the FX brand -- the FX 5 expected to be priced for $20,000 to $30,000, and the FX 6, expected to be priced for $30,000 to $50,000.

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